Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational, and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.
Myers Industries Dividend Announcement
• Myers Industries announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2025-01-03. Ex dividend date: 2024-12-03
• Myers Industries annual dividend for 2024 was $0.54
• Myers Industries annual dividend for 2023 was $0.54
• Myers Industries's trailing twelve-month (TTM) dividend yield is 5.48%
• Myers Industries's payout ratio for the trailing twelve months (TTM) is 131.88%
• Myers Industries's dividend growth over the last ten years (2013-2023) was 4.14% year
Myers Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-03 | $0.14 | quarterly | 2025-01-03 |
2024-09-13 | $0.14 | quarterly | 2024-10-03 |
2024-06-18 | $0.14 | quarterly | 2024-07-05 |
2024-03-14 | $0.14 | quarterly | 2024-04-04 |
2023-12-01 | $0.14 | quarterly | 2024-01-03 |
2023-09-12 | $0.14 | quarterly | 2023-10-04 |
2023-06-15 | $0.14 | quarterly | 2023-07-05 |
2023-03-15 | $0.14 | quarterly | 2023-04-04 |
2022-12-02 | $0.14 | quarterly | 2023-01-04 |
2022-09-13 | $0.14 | quarterly | 2022-10-04 |
2022-06-16 | $0.14 | quarterly | 2022-07-05 |
2022-03-16 | $0.14 | quarterly | 2022-04-04 |
2021-12-03 | $0.14 | quarterly | 2022-01-05 |
2021-09-10 | $0.14 | quarterly | 2021-10-04 |
2021-06-17 | $0.14 | quarterly | 2021-07-02 |
2021-03-17 | $0.14 | quarterly | 2021-04-02 |
2020-12-04 | $0.14 | quarterly | 2021-01-05 |
2020-09-01 | $0.14 | quarterly | 2020-10-02 |
2020-06-11 | $0.14 | quarterly | 2020-07-02 |
2020-03-17 | $0.14 | quarterly | 2020-04-02 |
2019-12-05 | $0.14 | quarterly | 2020-01-03 |
2019-08-30 | $0.14 | quarterly | 2019-10-02 |
2019-06-13 | $0.14 | quarterly | 2019-07-02 |
2019-03-19 | $0.14 | quarterly | 2019-04-02 |
2018-12-06 | $0.14 | quarterly | 2019-01-03 |
2018-09-06 | $0.14 | quarterly | 2018-10-02 |
2018-06-14 | $0.14 | quarterly | 2018-07-03 |
2018-03-19 | $0.14 | quarterly | 2018-04-03 |
2017-11-30 | $0.14 | quarterly | 2018-01-02 |
2017-09-07 | $0.14 | quarterly | 2017-10-03 |
2017-06-14 | $0.14 | quarterly | 2017-07-05 |
2017-03-15 | $0.14 | quarterly | 2017-04-04 |
2016-11-30 | $0.14 | quarterly | 2017-01-03 |
2016-08-31 | $0.14 | quarterly | 2016-10-03 |
2016-06-15 | $0.14 | quarterly | 2016-07-05 |
2016-03-11 | $0.14 | quarterly | 2016-04-04 |
2015-11-24 | $0.14 | quarterly | 2016-01-04 |
2015-09-02 | $0.14 | quarterly | 2015-10-05 |
2015-06-10 | $0.14 | quarterly | 2015-07-01 |
2015-03-12 | $0.14 | quarterly | 2015-04-01 |
2014-11-25 | $0.13 | quarterly | 2015-01-05 |
2014-09-03 | $0.13 | quarterly | 2014-10-06 |
2014-06-11 | $0.13 | quarterly | 2014-07-01 |
2014-03-06 | $0.13 | quarterly | 2014-04-01 |
2013-11-26 | $0.09 | quarterly | 2014-01-03 |
2013-09-04 | $0.09 | quarterly | 2013-10-07 |
2013-06-12 | $0.09 | quarterly | 2013-07-01 |
2013-03-07 | $0.09 | quarterly | 2013-04-01 |
Myers Industries Dividend per year
Myers Industries Dividend growth
Myers Industries Dividend Yield
Myers Industries current trailing twelve-month (TTM) dividend yield is 5.48%. Interested in purchasing Myers Industries stock? Use our calculator to estimate your expected dividend yield:
Myers Industries Financial Ratios
Myers Industries Dividend FAQ
Other factors to consider when evaluating Myers Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Myers Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Myers Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Myers Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Myers Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Myers Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Myers Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Myers Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Myers Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Myers Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.